My ex husband and I had a contentious divorce last year. Before it was final he sold stock that was in his name only to payy off some debts.

Nothing was said about tax implecations at the time and nothing was put into the divorce agreement. Now he says I am responsible for half of the capital gains tax. Am I legally responsible?

Answer: Diame - The answer to your question involves a number of complex issues, not all of which are related to federal income tax law. Your responsibility for tax purposes may depend on community proerty law, if you are in a community property state, any court directives on maritial assets, if the debts were individual or joint as well as other issues.

It would be a dis-service to you for me to speculate on an answer. Please discuss this issue with your personal tax advisor or attorney.